Global custodian JP Morgan Worldwide Securities Services (WSS) has hired Richard Watts to the newly-created job of executive director.
In the job, Watts will be responsible for managing the transfer agency and interfunding businesses in Australia and New Zealand.
He joins WSS from JP Morgan's investment bank division where he worked as head of operations and fixed income manager. He has worked for the company since 1998 in its North America and Europe offices.
WSS has also hired Deanna Vincent to the job of interfunding registry manager. Vincent will be responsible for day-to-day operations of the registry. She will report to Watts.
Vincent previously worked at Credit Suisse Asset Management.
"This is an exciting time for JP Morgan WSS as we continue to invest in top talent to move our business forward," JP Morgan WSS chief executive Jane Perry said.
